Advantage Austria, currently the world´s best TPO, is yet again shortlisted for the 2016 AWARD

21 November 2016

In the words of ITC Executive Director Arancha González: "All the organizations on this shortlist have been nominated because of the difference they have made to trade and investment in their home countries. They have supported their SMEs to move forward in various ways, enabling them to trade more and compete more effectively."

Advantage Austria has submitted its Automotive Strategy Project for evaluation by the ITC jury. This project is extremely important to Austria´s automotive supply industry, in particular SMEs. In an innovative approach, China and the NAFTA region have been targeted as investment, trade and technology regions, with very concrete and impressive results. Exports to Mexico, for instance, a key entry market for North America, have gone up by 56% in the first semester of this year alone, and over the last few years the USA have become the second largest export market for Austria behind Germany.

Advantage Austria has a customer base of more than 60.000 Austrian companies, and services roughly 22.000 Austrian companies every year. Contrary to its peer organisations and international competitors, the Austrian Trade Promotion organisation is not financed by tax payer money but by the corporate sector.